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What does the EU circular economy plan mean for China?

(Eco Business, 18 Mar 2020) To keep selling to the EU market, many products will need to meet new requirements.

The circular economy – a model based on recycling, reusing and repairing raw materials and products – is a domestic political priority in China, written into law in 2008.

It is increasingly seen as a way to mitigate global environmental risks including climate change and marine plastics, and to stimulate innovation and new business models. It is also a main pillar of the EU Green Deal launched late last year.

On 11 March, the European Commission published its new Circular Economy Action Plan, updating the original 2015 plan. It aims to lay out a “future-oriented agenda for achieving a cleaner and more competitive Europe”.

What will it mean for China’s businesses and government policy?

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Eco Business, 18 Mar 2020: What does the EU circular economy plan mean for China?